Loan Amount
Up to ₹75 Lakh
Interest Rate
Starting at 11%* p.a.
Loan Tenure
12-72 Months

Get a Hassle-free Pre-owned Car Loan in Andhra Pradesh

Andhra Pradesh is known as the ‘Kohinoor of India’. The state is known for the large-scale production of rice and spices. Fulfil the dream of driving your own car with a Pre-owned Car Loan in Andhra Pradesh.

Avail of up to ₹75 Lakh with flexible EMIs, no hidden charges, and instant approval. Apply now!

Why Choose Poonawalla Fincorp

Up to 100%
Car Valuation
Flexible
EMIs
Minimal
Paperwork
Instant
Approval
Competitive
Interest Rates
No Hidden
Charges

Pre-owned Car Loan EMI Calculator

Determine your monthly repayments with our easy-to-use EMI calculator. Just enter the loan amount, interest rate, and tenure. Calculate now!

Optimise Your Pre-Owned Loan Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹100000
Interest Payable
₹5,493

Loan Amount

Rupees one lakh

Interest Rate

%
11 %
30 %

Tenure

Months
12Months
72Months

Apply for a Pre-owned Car Loan in Just 3 Steps

Click on "Apply Now"

Tap the “Apply Now” button to initiate your application.

Enter Details

Enter your DOB, contact, employment and car details.

Upload Documents

Upload the necessary documents for quicker approval.

On successful verification, the loan amount will be disbursed into your bank account instantly.

Get exclusive offers thoughtfully customised just for you

Eligibility Criteria for a Pre-owned Car Loan in Andhra Pradesh

Depending upon whether you are salaried, self-employed or an established firm/company, your eligibility criteria may differ based on:

  • Age
  • Occupation
  • Experience/Vintage
  • Citizenship

Click to know more about our eligibility criteria in detail

Documents Required for Pre-owned Car Loan in Andhra Pradesh

Submit the required documents based on whether you are salaried, self-employed or an established firm/company to avail of this loan:

  • Car Documents
  • Identity Proof
  • Address Proof
  • Income Proof
  • Bank Account Statement

Click to know more about the documents required in detail

Interest Rate and Charges for Used Car Loan in Andhra Pradesh

Poonawalla Fincorp offers a second-hand car loan at attractive interest rates and nominal charges:

Interest Rate
11% p.a. onwards 
Loan Amount
₹1 Lakh - ₹75 Lakh
Loan Processing Fees
Up to 1% plus applicable taxes
Lowest EMI Per Month
Starting from ₹1903* per Lakh for 72 months
Loan Tenure
12 - 72 months
Prepayment/Foreclosure Charges
0% if paid from own sources
4% if paid from other sources
Default Charges
24% p.a. + taxes
Repayment Instrument Dishonour Charges
₹500 per bounce plus applicable taxes
Stamp Duty
At actuals (as per state)
Hidden Charges
Nil

Default Charges: Penalty will be charged for nonpayment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.pdf

*T&C Apply

Different Cars You Can Buy With a Used Car Loan

  • Luxury cars
  • Hatchbacks
  • Sedans
  • SUVs
  • SUVs

Who Can Get a Pre-owned Car Loan in Andhra Pradesh

  • Salaried individuals
  • Self-employed individuals
  • Firms/Companies

Tips for a Successful Used Car Loan Application

  • Meet the eligibility criteria
  • Check your credit score
  • Submit all the necessary documents
  • Arrange the down payment
  • Fill the application form correctly

Poonawalla Fincorp Branch Address in Andhra Pradesh

Poonawalla Fincorp’s Guntur Branch Address
Address:1st Floor, Satyavani Heights, Arundelpet, Door no 6-12-60, and 6-12-63, Having new door no 31-12-1020, Guntur, Andhra Pradesh -522002
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)


Poonawalla Fincorp’s Nellore Branch Address
Address:4th floor, Sri Chamundeswari Plaza, House no.24/2/418, Saraswathi Nagar, Dargamitta, Nellore, Andhra Pradesh-524003
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)


Poonawalla Fincorp’s Rajahmundry Branch Address
Address:36-7-14, 2nd Floor, Konduri Square, Konduri Street, Innespeta, Rajahmundry, Andhra Pradesh-533102
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)


Poonawalla Fincorp’s Vijayawada Branch Address
Address:3rd Floor, R.S. Tower, Door No.40-25-80/1, Revenue Ward 13A, Kurra Satyanarayana Street, Gayatri Nagar, Benz Circle, Vijayawada, Andhra Pradesh - 520010
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)


Poonawalla Fincorp’s Vishakhapatnam Branch Address
Address:Door No.10-5-/22/2/3, 2nd Floor, Varsha Tower, Waltair Main Road, Opp to WNS building, Vishakhapatnam, Andhra Pradesh-530003
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)

Get Funds Quickly With
Minimal
Documentation

1

Click 'Apply Now' Fill out the online form to start your loan application.

2

Upload Documents Provide your KYC documents to complete the verification.

3

Get Funds Get the loan amount
disbursed to your bank account.

Happy Customers, Happy Us

Get exclusive access to simplified
Personal Finance
Information at
Poonawalla Fincorp’s FinHub

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Frequently Asked Questions

1. How much LTV can I expect for a used car loan in Andhra Pradesh?

Poonawalla Fincorp offers used car loans with a loan-to-value ratio of up to 100%. Get a high loan amount at competitive interest rates.

2. How much of a second-hand car loan can I get from Poonawalla Fincorp?

You can get a used car loan amount of up to ₹75 Lakh from Poonawalla Fincorp. However, the sanctioned loan amount may vary based on your eligibility, credit score, and our internal policies.

3. What are the factors affecting the interest rate of a used car loan?

The factors that affect the interest rate of your second-hand car loan include:

  • Car’s age and model
  • Downpayment
  • Your Income
  • Credit Score
  • Loan tenure
  • Loan amount